Journeo (LON:JNEO) Trading Up 1% – What’s Next?

Journeo plc (LON:JNEO) shares shot up 1% during trading on Thursday . The stock traded as high as GBX 292.60 ($3.63) and last traded at GBX 292 ($3.62). 53,120 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 106,652 shares. The stock had previously closed at GBX 289 ($3.58).

Journeo Stock Down 0.4 %

The firm has a market capitalization of £47.40 million, a P/E ratio of 1,199.04 and a beta of 0.16. The stock has a fifty day moving average price of GBX 284.48 and a two-hundred day moving average price of GBX 279.76. The company has a debt-to-equity ratio of 7.28, a quick ratio of 0.85 and a current ratio of 2.00.

Journeo Company Profile

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.